New ‘Housing for All’ scheme on firmer ground

06/30/2015 admin Home Finance

The Cabinet Committee on Economic Affairs (CCEA) last week approved Housing for All by 2022, a scheme promoting affordable housing for the poor in urban areas. The scheme provides an interest subvention of 6.5 per cent on housing loans to the economically weaker sections (EWS) and low-income groups (LIGs). The scheme is more comprehensive and […]

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Aspire Home Finance Corporation Ltd to raise Rs. 200 crores through NCD issue

06/30/2015 admin Home Finance

A meeting of the Board of Directors of Aspire Home Finance Corporation Ltd will be held on June 15, 2015, to consider and approve the offer, issue and allot upto 2000 Redeemable Non-Convertible Debentures (NCDs) of Rs. 10,00,000/- each (Rupees Ten Lakhs each) aggregating to Rs. 200 Crores (Rupees Two Hundred Crores Only) on private […]

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Maarten Stekelenburg loaned from Monaco to Southampton for season

06/29/2015 admin Loan

Southampton have brought in Netherlands goalkeeper Maarten Stekelenburg on a season-long loan from Fulham to provide cover for the injured Fraser Forster. Both clubs announced the deal on Monday evening, with the Saints needing to make a move after Forster damaged his left patellar tendon in March, an injury which he is expected to take […]

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Entrepreneurs in Tri-Counties leading resurgence of innovation

06/28/2015 admin Home Finance

Amid a startup wave in Santa Monica, a revitalizing downtown and an emerging tech corridor on Highway 101, a younger and hipper group of entrepreneurs is beginning to reshape the corporate culture of Greater Los Angeles. That’s part of the reason why it put a smile on my face to see two companies from Ventura […]

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Rockford Man Sentenced To 12 Months In Federal Prison For Fraud Involving …

06/27/2015 admin Home Finance

Hampton, who pled guilty on Feb. 5, 2015, admitted that on Aug. 31, 2009, he created a fictitious $48,780 money order in an attempt to defraud Regions Bank and the US Treasury. According to the written plea agreement, Hampton also admitted that in 2009 he produced eight other fictitious money orders in an attempt to […]

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CFPB Asks Google, Bing & Yahoo To Help Stop Student Loan Debt Scams That …

06/26/2015 admin Loan

The Internet is teeming with scammers, fraudsters, and hustlers determined to part consumers from their money, and as a $1.2 trillion venture, student loans often present an¬†attractive avenue for these neer-do-wells. In order to better protect individuals from such schemes, the Consumer Financial Protection Bureau is enlisting the help of the countrys major search engines.¬† […]

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State backs loan to help expand cell service Down East

06/25/2015 admin Loan

The Portland-based company Wireless Partners has received a loan from the Finance Authority of Maine to help expand 4G LTE service in Washington and eastern Hancock counties, where such coverage is scarce. The map above from the FCC shows the current 4G LTE coverage in Maine.

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Should you hitch a ride with a stretched-out car loan?

06/24/2015 admin Loan

Americans today go a lot more miles on a gallon of gas than they did several years ago, but theyre also taking out car loans that take a lot more months to repay. The payback time has hit a record length of five years, seven months for new cars and five years, two months for […]

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Abstract gem on loan for British show

06/24/2015 admin Loan

Albany A Jackson Pollock painting in the Empire State Plaza Art Collection will be part of a British exhibit opening next week at the Tate Liverpool museum. State Office of General Services Commissioner RoAnn Destito said the loan of Number 12, 1952 fulfills a goal of the states collection to expose the public to the […]

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Housing growth has to be government-driven

06/23/2015 admin Home Finance

Residential housing segment has been going through a challenging time as purchases have plummeted across cities. Major reasons for this include high price points, higher interest rates and cautious buyer approach, among others. The recent rate cuts may augur well for the realty sector. Srinivas Acharya, Managing Director of Sundaram BNP Paribas Home Finance, however, […]

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